Josh Kushner and Bob Iger buy Los Angeles Lakers for $12.5 billion record sale
The Los Angeles Lakers' record-breaking $12.5 billion sale to billionaire venture capitalist Josh Kushner and former Disney CEO Bob Iger has sent shockwaves through the NBA, resetting the market for sports teams.
Historic Deal
The deal, first reported by ESPN, marks a new era in team valuations, with the Lakers' valuation surpassing previous records set by the Boston Celtics and Washington Commanders.
The sale is also notable for its high-profile buyers, who have combined their resources to secure the team's future.
As the NBA continues to navigate its ever-changing landscape, this deal will undoubtedly have far-reaching implications for teams across the league.
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